French Energy Bill Delayed until Spring 2015

Posted by Eric Haun
Friday, June 06, 2014

The adoption of France's framework energy bill, meant to fulfil President Francois Hollande's pledge to cut the share of nuclear energy in the country's electricity mix to 50 percent, has been pushed back to early 2015.

"It will be reviewed by parliament in the autumn and adopted in the spring of 2015," an official at Prime Minister Manuel Valls's office told Reuters on Friday, without elaborating on the reasons.

Earlier in the day French radio Europe 1 cited an adviser to Hollande as saying that the government will be 10 billion euros ($13.6 billion) short of funding for the bill's proposals.

The new law was initially expected to come into force before the end of 2014.

Segolene Royal, Hollande's fourth energy minister since the beginning of his mandate in 2012, has said she would unveil on June 11 the broad objectives of the bill, which she wants to use as leverage to boost renewable energies and economic growth.

No one at her office was available to comment on the latest delay.

The bill has been delayed repeatedly since 2012. It is expected to spell out how France, the world's most nuclear-reliant nation, intends to cut nuclear energy to 50 percent from 75 percent of its electricity production by 2025.

Energy ministry officials told a parliamentary hearing this year that the gradual closure of about 20 nuclear reactors would be required to meet Hollande's 2025 target if electricity consumption remains stable.

This seemed to contradict the view of Henri Proglio, the head of state-owned utility EDF, who said he expected electricity demand to rise because of population growth and that no reactor closure is needed.

Measures to boost renewable energy capacity, which has grown more slowly in France than in neighbours such as Germany or Spain, are also expected to be included in the law.

($1 = 0.7345 Euros)

(Reporting by Julien Ponthus; Writing by Michel Rose; Editing by David Goodman)

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

Ferguson Appoints Partner OPS-OES

Ferguson Group Singapore, a specialist in the provision of DNV 2.7-1 / EN12079 offshore containers, reefers, tanks, waste skips, baskets, accommodation and engineering

Former BP Boss Browne is DEA Chairman

Lord John Browne heads DEA's supervisory board * LetterOne co-owners Fridman, Khan also join * Unit changes name to DEA Deutsche Erdoel AG FRANKFURT, March 3 (Reuters) - DEA,

Hike in Service Tax at Indian Ports

The Indian Ministry of Finance has advised an increase in service tax and applicable at all ports. The effective date has not yet been announced. The rate

News

Gas Turbine Alternator Installed into Aircraft Carrier

The Aircraft Carrier Alliance has completed the installation of the first MT30 Gas Turbine Alternator (GTA) package into the Royal Navy’s latest aircraft carrier HMS Prince of Wales,

Hospital Ship Brought up to Speed with AMOS

SpecTec will work with long term partner Mercy Ships to migrate its current system Business Suite to AMOS Enterprise Management Suite (EMS).   Mercy Ships’ Africa Mercy,

Two Newbuilds Delivered to Star Bulk

Star Bulk Carriers Corp. took delivery on February 27 of M/V Honey Badger (ex HN NE 164) and M/V Wolverine (ex HN NE 165), two 61,000 dwt Ultramax bulk carriers

Government Update

Hike in Service Tax at Indian Ports

The Indian Ministry of Finance has advised an increase in service tax and applicable at all ports. The effective date has not yet been announced. The rate

Manila Port Congestion Eased: Palace

Malacañang has declared that the congestion at the Port of Manila has been resolved, noting the various measures that the government and the private sector have implemented to address the problem.

Canadian Navy Delays Opening of Arctic Facility

Canada's military has again delayed the opening of a major new Arctic port, a sign the government is struggling to assert sovereignty over a remote resource-rich region.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1305 sec (8 req/sec)